thredUP, Inc. Class A (TDUP)

In May 2025, thredUP announced better-than-expected Q1 2025 earnings, boosting the stock price. In August 2025, Q2 2025 earnings showed an EPS of -$0.04, beating estimates by 33.33%, with revenue up 16% year-over-year and active buyers growing by 17% to 1.47 million. New buyer acquisition surged by 74%, and management raised full-year guidance, expecting approximately 15% revenue growth. As of October 20, 2025, the share price was $9.36, a 1,164.69% increase from October 21, 2024.

Demand for thredUP's products exhibits seasonality, aligning with fashion and retail cycles. Demand for items like outerwear increases during the fall, and the holiday season sees increased demand for secondhand gifts. The secondhand apparel market is experiencing robust growth due to consumers seeking value and growing awareness of sustainability, suggesting consistent underlying demand with peaks during seasonal changes and holidays.

thredUP, Inc. (TDUP) is an American online resale platform specializing in second-hand clothing, footwear, and accessories. Founded in 2009 in Oakland, California, it operates in the Consumer Discretionary sector, focusing on online resale. The company provides a platform for buying and selling used women's and children's fashion, promoting sustainable shopping. It also offers "Resale-as-a-Service" (RaaS) to fashion brands.

thredUP has a strong operational presence across major regions in the United States. The company also has several distribution centers located in both the United States and Europe, facilitating its inventory management and customer demand fulfillment.

thredUP has maintained a strong brand reputation due to its commitment to sustainability and its role in the secondhand fashion market. The company promotes reducing textile waste and offers a "Fashion Footprint Calculator." Its annual Resale Report highlights increasing consumer adoption of pre-owned apparel. The company is recognized for revolutionizing the second-hand clothing industry, aligning well with current consumer values, particularly among younger generations.

thredUP Inc. has a diverse ownership structure, with a significant portion held by institutional investors. As of recent filings, 314 institutional owners hold a total of 100,806,238 shares. Major institutional shareholders include SMCWX - SMALLCAP WORLD FUND INC Class A, Capital World Investors, BlackRock, Inc., Vanguard Group Inc, NEAGX - Needham Aggressive Growth Fund Retail Class, and Needham Investment Management Llc. Insiders hold 27.00% of the stock, with CEO James Reinhart directly holding 4.1% of the total shares outstanding.